What is Token Flux?
About TFT
Token Flux is an effort to utilize blockchain technology to address artist and payment royalties by providing transparency to the complex chain of rights ownership and use in the distribution of digital music, as well as offering new models of music-making processes through Decentralized Autonomous Label. Fluxorin as a decentralized platform has a lot to offer in revolutionizing the music industry as a whole. These include:
- Transparency
- Use of DLAs that assist in distribution
- Operating costs are low
- Proper royalty allocation
- Use of file sharing and P2P network delivery
- Employ sharism model
Please see the video below:
Token Details
- Cost 1 Flux: $ 0.2
- Timed token sales: 75 days with possible automatic initial completion in pursuit of ICO's ultimate goal
- Expanded goal after starting ICO: Impossible
- Technical limitations token: 372,000,000
- Customized emissions: All unsold and unallocated tokens will be destroyed and additional tokens will not be possible
- Safe ways to buy tokens: Bitcoin (ВТC), Ethereum (ETH)
- Hardcap: $ 55,000,000
Stages of ICO
- Pre-Sales [Phase I] - Q2, 2018
$ 1000 = 5,000 TFTs up to 30% bonus
80,000,000 TFT (up to $ 15 million)
- Pre-Sales [Phase II] - Q2, 2018
$ 500 = 2,500 TFT up to 20% bonus
92,000,000 Flux (up to $ 19 million)
- Crowd Sale - Q3, 2018
$ 100 = 350 TFT up to 15% bonus
200,000,000 Flux (up to $ 58 million)
Token Distribution
- 53.7% - Sale of Coins
- 25% - Team Members, Advisors & Contributors
- 6.6% - Private Sale
- 4% - Bounty & Air Drop
- 10.7% - Reserve
Raising Fund Funding
- 51% - Product Development
- 16% - Marketing
- 11% - Operation
- 15% - Legal
- 7% - Security
Roadmap
- Q4, 2017 - Concept FLUXORIN project, Technical Feasibility Assessment.
- Q1, 2018 - Team assembly assembly, Audit Audit Audit Preparation & Token Sale.
- Q2, 2018 - Whitelist Registration, Phase I Pre-Sales Token, Phase II Pre-Sale Token, Main Token Sale. KYC Compilation, FLAMEORIN Blockchain Development and integration.
- Q3, 2018 - Strengthen partnerships and Legal rights in the Music Industry, FLUXORIN's Website and Mobile Apps. (iOS & Android) uploaded for review by professionals. Official LAUNCHEON introduced DUTA BRAND.
- Q4, 2018 - Increase and Expand our database, Launch Radio service, Launch of FLUX TOKEN WALLET and crypto converter.
- Q1, 2019 - Stakeholder and Leaders Conference.
Team Member
- Paul Schmidts - Co-founder, CEO, Business Developer
- Josef Silvestre - Co-founder, Project Manager
- Rebecca Ramirez - Business analyst, Community Manager
- Stefan Hawes - Content Creation, Community Manager
- Isaac Jacobson - Bounty Manager, Business Analyst
- Alicia Simons - Public Relations Specialist and Digital Marketing
- Maria Andrews - Editor, Business Risk Analyst
- Steven Iverson - Senior Website and Application Developer
- Langley Chang - Software Engineer and Programmer
- Andres Scott - Head of Graphic Designer
- Yvonne Ash - Legal counsel
Author: Qu33nz3r
0xfB0a5Fc1a74f465f054d328B2e9506eFe8C8a512
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